Contrary to popular belief, the legal structure of your business is not permanent and can change to meet the needs of your evolving family business. Your family business's legal structure plays a role ...

Here's how to complete Form 8832 so you can tell the IRS how to classify your business for tax purposes. Many, or all, of the products featured on this page are from our advertising partners who ...

Choosing the right business entity form for a new company seems like a straightforward choice, but there's actually a lot of nuance — and potentially a lot at stake in regard to future tax liability.

The U.S. is home to 76.4 million freelancers, a number that has been steadily increasing every year since 2017. By 2028, some estimates predict the freelance population to grow to 90 million. Many of ...

Not all businesses are created equal—nor are they taxed alike. Our helpful breakdown covers various business tax entities and how they’re taxed It’s crucial to understand your business entity’s unique ...

Getting the choice of entity right at the start is crucial, since switching later can have tax and other consequences. Getting the choice of entity right at the start is crucial, since switching later ...